ACI Worldwide CEO Odilon Almeida departs; Thomas Warsop named interim CEO

ACI WORLDWIDE, INC.

Odilon Almeida's employment terminated without cause; entitled to severance subject to release and non-compete/ non-solicit covenants.
Thomas Warsop, formerly non-executive Chair, appointed interim President & CEO; paid $325k/month plus potential $325k discretionary bonus.
Adalio Sanchez (board member since 2015) named non-executive Chair of the Board.
Board will conduct a comprehensive CEO search with assistance of an executive search firm.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Thomas Warsop

interim President & CEO

ACIW · ACI WORLDWIDE, INC.

Effective: 2022-11-08
Filed: November 8, 2022, 6:59 PM ET

Thomas Warsop, formerly the non-executive Chair of the Company’s Board of Directors (the “Board”), has been appointed as interim President & CEO of the Company until a permanent President & CEO is identified.

Departed

Odilon Almeida

President & CEO

ACIW · ACI WORLDWIDE, INC.

Effective: 2022-11-08
Successor: Thomas Warsop
Filed: November 8, 2022, 6:59 PM ET

On November 8, 2022, ACI Worldwide, Inc. (the “Company”) announced that Odilon Almeida’s employment terminated as President & CEO of the Company.

Appointed

Adalio Sanchez

non-executive Chair of the Board

ACIW · ACI WORLDWIDE, INC.

Effective: 2022-11-08
Filed: November 8, 2022, 6:59 PM ET

Adalio Sanchez, a member of the Board since 2015, was selected as non-executive Chair of the Board.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas Warsop was appointed as interim President & CEO at ACI WORLDWIDE, INC..

Action: appointed
Role: interim President & CEO

Exact text from the filing

Thomas Warsop, formerly the non-executive Chair of the Company’s Board of Directors (the “Board”), has been appointed as interim President & CEO of the Company until a permanent President & CEO is identified.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Odilon Almeida was terminated as President & CEO at ACI WORLDWIDE, INC..

Action: terminated
Role: President & CEO

Exact text from the filing

On November 8, 2022, ACI Worldwide, Inc. (the “Company”) announced that Odilon Almeida’s employment terminated as President & CEO of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Adalio Sanchez was appointed as non-executive Chair of the Board at ACI WORLDWIDE, INC..

Action: selected
Role: non-executive Chair of the Board

Exact text from the filing

Adalio Sanchez, a member of the Board since 2015, was selected as non-executive Chair of the Board.

View on SEC.gov

ACI WORLDWIDE, INC. filing history →

Source: SEC EDGAR

accession 0001193125-22-279722

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.